3461 Cyclone Drive, Weeki Wachee, FL, 34607 | $249,000

This is truly a rare opportunity to own property in paradise with a large price reduction. Located at this extraordinary small island community of Pine Island in the Weeki Wachee area of west central Florida, this outstanding lot has an unobstructed westerly view of the Gulf of Mexico. The amazing sunset and sunrise views from Pine Island change daily and provide food for the soul. You'll be surrounded by an abundance of nature and wildlife viewing opportunities here, and you'll be in awe of the sunset views that will be visible from the privacy of your home. The lot has already been well prepared for construction. Over 500 yards of clean fill was leveled onto the lot to provide good drainage, and trees were selectively removed to provide ample room for your island home . Remaining vacant lots on Pine Island are almost non-existent, and this one has one of the very best views on the island! Just a few blocks from this awesome lot, at the end of Pine Island Drive is a public beach park

Features

  • Lot Size: 0.18
  • Lot Desc: Other
  • Elem. School: WESTSIDE
  • Middle School: Fox Chapel
  • High School: Weeki Wachee
  • MLS#: HC2234163
  • Days on Market: 428 days
  • Website: https://www.raveis.com
    /prop/HC2234163/3461cyclonedrive_weekiwachee_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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3461 Cyclone Drive, Weeki Wachee, FL, 34607

$249,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $199,200 $199,200 $199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.055% 6.160%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,325 $1,309 $1,668
Total Monthly Payment $1,400 $1,384 $1,743

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.